Q1 EPS Estimates for Halliburton Reduced by Atb Cap Markets

Halliburton (NYSE:HAL) – Equities researchers at Atb Cap Markets cut their Q1 2025 earnings estimates for shares of Halliburton in a research note issued to investors on Wednesday, January 22nd. Atb Cap Markets analyst W. Syed now anticipates that the oilfield services company will post earnings of $0.59 per share for the quarter, down from their previous estimate of $0.67. The consensus estimate for Halliburton’s current full-year earnings is $2.94 per share. Atb Cap Markets also issued estimates for Halliburton’s Q2 2025 earnings at $0.61 EPS, Q3 2025 earnings at $0.66 EPS, Q4 2025 earnings at $0.68 EPS, FY2025 earnings at $2.53 EPS, Q1 2026 earnings at $0.64 EPS, Q2 2026 earnings at $0.70 EPS, Q3 2026 earnings at $0.74 EPS, Q4 2026 earnings at $0.73 EPS, FY2026 earnings at $2.80 EPS and FY2027 earnings at $3.08 EPS.

Other analysts also recently issued research reports about the stock. Royal Bank of Canada reissued a “sector perform” rating and set a $34.00 target price on shares of Halliburton in a research report on Thursday. Jefferies Financial Group dropped their target price on shares of Halliburton from $43.00 to $41.00 and set a “buy” rating for the company in a research report on Friday, January 3rd. Evercore ISI dropped their target price on shares of Halliburton from $43.00 to $35.00 and set an “outperform” rating for the company in a research report on Wednesday, January 15th. Piper Sandler initiated coverage on shares of Halliburton in a research report on Thursday, December 19th. They set an “overweight” rating and a $36.00 target price for the company. Finally, Wells Fargo & Company dropped their target price on shares of Halliburton from $39.00 to $34.00 and set an “overweight” rating for the company in a research report on Tuesday, December 17th. Seven analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $37.42.

Halliburton Trading Down 1.5 %

NYSE HAL opened at $28.05 on Friday. Halliburton has a 12 month low of $25.51 and a 12 month high of $41.56. The company has a 50-day moving average of $28.89 and a 200-day moving average of $30.04. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.05 and a quick ratio of 1.62. The company has a market cap of $24.64 billion, a P/E ratio of 9.91, a P/E/G ratio of 3.58 and a beta of 1.91.

Halliburton (NYSE:HAL) last released its quarterly earnings data on Thursday, November 7th. The oilfield services company reported $0.73 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.02). Halliburton had a return on equity of 26.03% and a net margin of 10.90%. The business had revenue of $5.70 billion during the quarter, compared to analysts’ expectations of $5.83 billion. During the same quarter in the prior year, the firm earned $0.79 earnings per share. Halliburton’s quarterly revenue was down 1.8% on a year-over-year basis.

Halliburton Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 26th. Shareholders of record on Wednesday, December 4th were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Wednesday, December 4th. This represents a $0.68 dividend on an annualized basis and a yield of 2.42%. Halliburton’s payout ratio is presently 24.03%.

Institutional Investors Weigh In On Halliburton

A number of institutional investors have recently bought and sold shares of HAL. Franklin Resources Inc. boosted its position in Halliburton by 244.5% during the 3rd quarter. Franklin Resources Inc. now owns 4,513,560 shares of the oilfield services company’s stock worth $138,025,000 after acquiring an additional 3,203,224 shares during the period. Pacer Advisors Inc. raised its stake in shares of Halliburton by 23.1% during the 3rd quarter. Pacer Advisors Inc. now owns 16,782,174 shares of the oilfield services company’s stock worth $487,522,000 after purchasing an additional 3,150,986 shares in the last quarter. Thompson Siegel & Walmsley LLC purchased a new stake in shares of Halliburton during the 3rd quarter worth about $55,132,000. Thrivent Financial for Lutherans raised its stake in shares of Halliburton by 22.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 5,520,383 shares of the oilfield services company’s stock worth $160,367,000 after purchasing an additional 995,649 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in shares of Halliburton by 127.2% during the 2nd quarter. AQR Capital Management LLC now owns 1,557,130 shares of the oilfield services company’s stock worth $52,600,000 after purchasing an additional 871,789 shares in the last quarter. 85.23% of the stock is currently owned by institutional investors and hedge funds.

Halliburton Company Profile

Halliburton Company provides products and services to the energy industry worldwide. It operates through two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; and completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, and service tools, as well as liner hanger, sand control, and multilateral systems.